Foppen Holding has reached an agreement with Klaas Puul Beheer for the merger between Foppen Groep and Klaas Puul.
Both companies are well-known in the processing of salmon and shrimps and have a long history in the food processing industry. Klaas Puul Beheer is majority owned by sponsor H2 Equity Partners. The two companies generate a combined turnover of over €300 million, with Klaas Puul posting sales of around €175m in 2017 and Foppen c. €150m. Quore Capital acted as sole financial advisor to the shareholder of Foppen Holding.
Brainwash Kappers is the largest Dutch hairdresser’s chain in the value segment with over 200 salons opened in the last 10 years. Brainwash was acquired by the European market leader and consolidator in the hairdresser’s industry: French haircut chain Provalliance Group. Quore Capital acted as sole financial advisor to the Company and its shareholders Robert van der Wallen and Ivo Priem.
Acquisition of STN by DentConnect, backed by Bencis
DentConnect acquired 100% of Samenwerkende Tandartsen Nederland (“STN”) from NPM Capital. Through this transaction, DentConnect – backed by Bencis Capital Partners – strongly consolidates its market leadership in the Netherlands. Potential synergies with STN are significant and a successful integration will be illustrative for further value creation possibilities abroad. Quore Capital acted as financial advisor of Bencis Capital Partners.
Client: Bencis Capital Partners
Target: Samenwerkende Tandartsen Nederland
Buyer: DentConnect (backed by Bencis Capital Partners)
Prinsen Food Group, producer of high quality instant food products, was sold to Bencis Capital Partners. Prinsen formed the platform for a buy and build strategy. Since the acquisition, Bencis acquired Buisman (2016) and Gustav Berning (2017). Quore Capital acted as sole financial advisor of the Prinsen family, supervisory board and management of the Company.